Economic Future of our Country at Stake

A battle will soon be fought that may well determine the economic future of our country.  Is the United States a country by and for its rich people or is it a country for all its people?  

We can provide, once again, massive tax benefits to the wealthiest people in the US while many suffer, or we can decide that the maximization of the super-wealthy class is not in the best interest of the country.

We have all seen the numbers about how the wealthy in the US have seen an enormous expansion of wealth while wages have been stagnant.

What’s new is that President Obama seems to be wavering on the extension of the tax benefits to the wealthy.  

We need to demand that our President, Senators Leahy and Sanders and Congressman Welch strongly oppose any attempt to extend those benefits. They need to hear from us on this issue.

16 thoughts on “Economic Future of our Country at Stake

  1. Seems to me that someone merely copied my “diary” and posted it as theirs on that other blog.

    Enough of the posters here know me quite well and know that I wouldn’t have done anything like that.

    So, is this a good thing?  How does that saying go about copying being the sincerest form of flattery?

  2. In this discussion, the point of the original post is lost.

    It looks very much like tax cuts will be extended.  Heck, even Obama’s program to extend tax cuts to $200,000 adjusted income (gross income higher) for a single person would be a terrible outcome when you consider it is likely to come at a price of reduced benefits for those that really need it.

    Can our delegation fight this?  Do they want to fight it?  Will they hear from their constituents on this matter, very few of whom come anywhere close in terms of income?

    Have we forgotten that we have massive deficits that we are leaving to sons, daughters and grandchildren?  

    But everyone loves tax cuts and I’m paddling upstream.

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